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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Metals & Mining Industrial Metals & Minerals
Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.


TSX:FT - Post by User

Fortune Minerals Ltd
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Post by FortuneJimon Mar 29, 2018 8:57am
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Post# 27801168

The road will be very positive in the long run.

The road will be very positive in the long run. The TASR will allow Nico to be built.  It opens up the possibilities of the Sue Dianne mine being built.

The NWT will be open for business.   Fortune Minerals has made excellent contacts and partners in the NWT and has built their trust over the past many, many years.   They have an excellent relationship with the First Nations in the NWT and the Government of NWT.   That’s a shoe in the door for any potential further exploration or development.    

Exciting times ahead.  


Jim 

 
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Dealroom for high-potential pre-IPO opportunities